Fund investors – Our clients

CapMan’s clientele comprises the institutions investing in the Group’s funds. The number of fund investors has grown and internationalised with new funds, and at the end of 2007 there were more than 110 investors in CapMan funds in all. A loyal fund investor base is one of CapMan’s strengths.

More international investor base

CapMan’s fund investor base has internationalised significantly in recent years and, in addition to Nordic institutions, many European and US investors have invested in the funds. The largest investors in the funds are pension institutions, life assurance and non-life insurance companies as is typical in the private equity industry. The majority of investors have invested in several CapMan funds and a large number have invested in both equity and mezzanine funds. With the growth in fund size also the amount of individual commitments has risen over the years. At the end of 2007, the sum of capital invested by the five largest investors was approximately €720 million.

CapMan as a fund investor

Since 2002, CapMan has been a substantial investor in the private equity funds investing directly in portfolio companies. The aggregate fair value of existing investments and outstanding investment commitments on 31 March 2008 was €104.4 million.